Hi traders I am looking to short the GBPJPY pair. My reasoning for doing so is this pin bar rejection candle forming at resistance on this weekly level. On the 1 hour I see an engulfing candle so even now is a good time to enter for a more aggressive entry but for added confirmation, one can wait to see if this daily chart closes with this pin bar and entered after the daily close. My target will be prior support for about a gain of 580 pips with a risk of about 120 pips for about a 5:1 R:R. Also if price breaks resistance I will be then looking for a retest of the resistance level to see if it acts as support then I will consider going long as you can see in the analysis above. Thank you for reading and happy trading!